Pfizer Raises Full-Year Outlook on Covid-19 Vaccine Sales

  • 📰 WSJ
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Pfizer raised its full-year forecast for sales of its Covid-19 vaccine to about $33.5 billion, a nearly 30% increase

Pfizer Inc. raised its full-year forecast for sales of its Covid-19 vaccine to about $33.5 billion, a nearly 30% increase, helping lift the pharmaceutical giant’s overall estimates for its sales and profits in 2021.

In the latest quarter, the vaccine contributed $7.8 billion to Pfizer’s total sales of $18.98 billion. That boost fueled the company’s 92% year-over-year revenue gain, as did stronger sales of other Pfizer drugs and vaccines amid greater healthcare demand this year. Pfizer posted an adjusted profit of $1.07 a share for the three months through June. Wall Street analysts had been forecasting an adjusted profit of 97 cents a share on sales of $18.71 billion. Shares were roughly flat in premarket trading.

Pfizer’s vaccine results reflected the company’s central role in the global campaign against Covid-19, even as

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The definition of a blockbuster drug is that it brings in $1 billion or more per year. Pfizer made the equivalent of 33 blockbusters this year. They deserve to be rewarded, but not to this level. It is time for a TRIPSwaiver.

$$$$ THIS Is What DRIVES the Covid vaccine machine$$$$ Think People!!!! $$$$

Imagine how many more billions this forecast could be with an additional, third jab, Covid-19 vaccine booster for every American was added

Well deserved. Thanks for allowing me to hug my mom again

Strong buy novavax Fauci bloomberg Reuters business

dougboneparth they did turn out to monetize them

They are very excited about all the booster shots that uno one needs.

Go get your free shot, y'all

Where are the commies with “fully vaxxed” in their bios at?

Well people are awake now, they'll fail badly now

Shocking...and people think it's not all about the dollar. 😂🤦‍♂️😳

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Covid-19: Health Trusts cancel surgeries as Covid admissions riseThe chief medical officer says the health service is operating under 'huge pressures'. JanePod4
Source: bbchealth - 🏆 143. / 63 Read more »

Israel Begins Pfizer Covid-19 Vaccine for At-Risk Children Under 12 as Delta Cases SurgeThe country has authorized the use of Pfizer’s Covid-19 vaccine for vulnerable children between five and 11 years old, as cases of the highly contagious Delta variant rise sharply. whats 'Israel'? Why only Pfizer’s out of all of them ? Only non-Palestinian children, I guess.
Source: WSJ - 🏆 98. / 63 Read more »

Tokyo Reports Yet Another All-Time High Of Daily COVID-19 InfectionsExperts say the surge amid the Tokyo Olympics is being propelled by the new, more contagious delta variant of the coronavirus.
Source: HuffPostWomen - 🏆 27. / 68 Read more »

NYC Imposes Covid-19 Vaccine—Or Weekly Test—Mandate For 340,000 City WorkersNYC will require all of its municipal workers—including firefighters, police officers and teachers—to get vaccinated against Covid-19 or test weekly for the virus good 'just following orders' ... Milgram Experiment (1961) 3 minute video example: WAY TO GO! Now, get the rest of America to follow this example!
Source: Forbes - 🏆 394. / 53 Read more »

Olympic host Tokyo's COVID-19 daily cases rise to 3,177, second straight recordOlympic host city Tokyo recorded 3,177 new Covid-19 cases on Wednesday, authorities say, hitting a daily record high for a 2nd straight day as a spike in infections puts pressure on hospitals. No Olympics Tokyo2020jp we don’t want to die Omg Prayers-Please. Godbless Us. Let there be Peace On Earth. 🌎🌍🌏
Source: NBCNews - 🏆 10. / 86 Read more »

AstraZeneca says Covid-19 vaccine showed no increased incidence of rare blood clots after second doseThe estimated rate of thrombosis with thrombocytopenia syndrome was 2.3 for every million vaccines, with incidence rates comparable to those among... Strong sell JohnsonJohnson Astrazenaca thanks Of course not. If one give you clots then more would not give you mow clotting.
Source: MarketWatch - 🏆 3. / 97 Read more »